Question

A toy maker makes a toy for ₹50. One day, he sells 2 toys for ₹75. Find the percentage loss or gain on each toy?

• A. 35%
• B. 25%
• C. 20%
• D. 30%

Answer 1

The correct option is B 25%

C.P of one toy = ₹50
S.P of 2 toys = ₹75
$\therefore$ S.P. of 1 toy = $₹\left(\frac{75}{2}\right)=₹37.50$
Loss = C.P - S.P
$\Rightarrow$ Loss = 50 - 37.50 = ₹12.50

So, $Loss\%=\frac{Loss}{C.P}\times 100$
$\Rightarrow Loss\%=\frac{12.50}{50}\times 100$
$\Rightarrow Loss\%=25\%$